ABSTRACT
This study aims to examine analysis of agricultural financing in Nigeria (A study of Umuchinmere Procredit and First Bank PLC, Enugu). It is believed that generalization will be made on the entire nation based on the results arrived at in the research. The project is divided into five (5) chapter to enhance understanding and convenience. In chapter one, an introduction of the study was made. The statement of the problems were enumerated which includes lack of credit facilities. Decline of Agricultural production and subsequent food shortage in the country. The chapter also includes objective of the study. Significance of the study, scope and limitations of the study and definition of terms. Chapter two concentrated on the review of related literature. In chapter three the research design and methodology was discussed, sources of data e.g primary sources (interviews) secondary sources (text book, papers presented at seminar etc). Also discussed were the population and area of study, sampling of selected financial institutions. the main objective of the bank and their contributions in ensuring the development of Agriculture. Chapter four presented and analyzed the data collected. The project was finally concluded in chapter five after which summary of the findings was made which included that the banks and other financial institutions should render supportive service to farmers and cooperative societies and encourages rural development. Financial institutions should ensure that service and interest charges are moderate to enable famers repay loans. That government should ensure that funds allocated for agricultural productions are directed to a development bank and financial institutions for easy disbursement.
TABLE OF CONTENTS
Title Pagei
Approval Pageii
Dedication iii
Acknowledgment iv
Abstractv
CHAPTER ONE
1.0Introduction 1
1.1Background of the study 1
1.2Statement of the Study 3
1.3Objective of the Study 5
1.4Research Questions5
1.5Hypothesis Statement 6
1.6Significance of the study 7
1.7Scope of the Study 8
1.8Limitations of the study 8
CHAPTER TWO
2.0Review or Related Literature10
2.1The Concept of Agricultural Development 10
2.2Problems of Agricultural Development in Nigeria 12
2.3The Concept of Agricultural Financing 15
2.4Agriculture Insurance 21
2.5Main Objectives of Selected Micro Finance 23
2.6Importance of Credit to Farmers in Nigeria 26
2.7Sources of Agricultural Financing in Nigeria 28
2.8First Bank Agricultural Financing 35
References
CHAPTER THREE
3.0Research Design and Methodology 41
3.1Research Design 41
3.2Area of the Study 41
3.3Population of the study 42
3.4Sample and Sampling Procedure42
3.5Method of Data Collection 43
3.6Sources of Data44
3.7Reliability of the Instrument 45
3.8Validity of the Study 45
CHAPTER FOUR
4.0Data Presentation and Analysis 46
4.1Introduction 46
4.2Test of Hypothesis60
CHAPTER FIVE
5.0Summary of Findings, Recommendation and Conclusion
5.1Summary of Findings 69
5.2Conclusion 71
5.3Recommendations72
Bibliography
Appendix
Questionnaire
